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Situated along vibrant Park Boulevard in the heart of San Diego, 4549-4555 Park Blvd presents a rare multi-unit investment and redevelopment opportunity in one of the city's most dynamic corridors. The front building enjoys prime visibility and frontage on a bustling commercial stretch known for its popular restaurants, cafés, and and wine bars"”offering both strong tenant appeal and long-term upside potential. The property consists of four total units, including a rear duplex featuring two well-proportioned 2-bedroom, 1-bath units, ideal for steady rental income. In addition, a detached cottage on the property provides a blank canvas for redevelopment"”ready to be reimagined to maximize value. With parking for up to five vehicles and a layout that supports both residential/commercial income and future improvements, this property is perfectly suited for investors, developers, or owner-users seeking to capitalize on location and versatility. There is also strong potential to add additional units through redevelopment (buyer to verify with the city), further enhancing the property's long-term value. Whether enhancing the existing structures or pursuing a larger redevelopment vision, the possibilities here are substantial. Don't miss this opportunity to own a value-add property in one of San Diego's most sought-after urban neighborhoods.
Property Type(s):
Commercial
| Last Updated | 6/22/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 92116 - Normal Heights | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 92116 - Normal Heights |
| CONSTRUCTION | Other |
| HEAT | None |
| LOT | 7013 sq ft |
| LOT DIMENSIONS | 7013 |
Location
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Listed with Joshua Krause
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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